The central government-level “task force for augmenting the efficacy of the operation of public funds” resolved yesterday (Nov. 21) requiring the labor pension fund and the labor insurance fund not to clear the positions for ...
Tags: Public Funds, Small-Cap Stocks
Taipei, Nov. 20, 2012 (CENS)--Taiwan’s domestic banks held deposits of NT$28.05 trillion (US$935 billion) as of the end of August, up 5.8% year on year, with term deposits accounting for NT$12.72 trillion (US$424 billion) or 45%, ...
Tags: domestic bank, Financial Supervisory Commission, deposit
Taipei, Oct. 30, 2012 (CENS)--With the memorandum for cooperation in cross-Taiwan Strait currency clearance having taken effect, domestic banks will be able to inaugurate renminbi-related businesses following the designation of renminbi ...
Tags: CBC, Central Bank of China, People's Bank of China, domestic banks
Global High Net Worth Population Increases Slightly as Their Investable Wealth Declines Asia-Pacific becomes region with the most HNWIs,while North America retains the most HNWI wealth Asia-Pacific surpasses all regions with the ...
Tags: HNWI, economic uncertainty, risk-aversion
Taipei,Sept.21,2012(CENS)--The Financial Supervisory Commission(FSC)publicized Taiwan-based wealth-management platform program for local people yesterday(Sept.20),which will meet wealth-management demand of local people via five major ...
Tags: FSC, Wealth-Management Platform Program, wealth-management demand
Starting November 1,domestic designated banking units(DBUs)will initiate renminbi-related businesses comprehensively,announced the Financial Supervisory Commission(FSC)yesterday(Sept.19). As a result,local people will be able to deposit ...
Tags: RMB business, DBUs, domestic banks, Taiwan, economic policy
Singapore:Due to its resounding success in the Asian region over the last four years,the next edition of the Furniture Leadership Awards(FLA)is set to expand its scope to accept nominations for furniture and related companies ...
Tags: Nominations, Furniture, International
The Hartford has appointed Matthew Kirk as senior vice president of sales and distribution for the company's commercial markets division and will report to commercial markets president Doug Elliot. The US underwriter also has promoted Jay ...
Tags: underwriter, Hartford, senior vice president, insurance
Taipei,Sept.7,2012--The Financial Supervisory Commission(FSC)and the China Banking Regulatory Commission(CBRC)will sign memorandum of cooperation for"offshore discretionary-account wealth-management operation,"allowing China's banking ...
Tags: FSC, CBRC, QFII, cross-Taiwan Strait, stock, investment
The Hartford, an investment and insurance firm, has named Beth Bombara, the company's senior vice president and corporate controller, to president of Life Runoff. Bombara will succeed David Bedard and manage The Hartford's Life Other ...
Tags: investment, insurance, legacy annuity business, property, casualty
The Board of Directors of American International Group (IAG) has elected Morris Offit as director as well as chairman of the finance and risk management committee of the board. Offit will serve as a director until the 2013 AIG's annual ...
Tags: IAG, management committee, Morris Offit
Belgium based underwriter KBC insurance has deployed ALIS policy administration solution from Sapiens International Corporation, with an aim to boost its footprint in Belgium underwriting industry. The insurer said that the solution will ...